SET revamps electronic channels
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Thai bourse has revamped its electronic trading portal www.settrade.com with more information and functions to help it more effectively cater to the demand of new online investors. The portal now offers timely updates through all social media.
“Online stock trading has become more popular with investors, who prefer convenience and speed in searching for investment information. Hence, www.settrade.com has increasingly become a vital information channel for stock investors,” said Kesara Manchusree, SET Executive Vice President and Head of Markets Division.
In the first quarter of 2013, there were 54,453 new online trading accounts opened, resulting in a total of 501,323 active accounts at present. Online trading volume now accounts for 53.25 percent of total trading volume by retail investors. In the quarter, an average of 1.25 million unique IP users logged into settrade.com each month, increasing 18.57 percent from the previous year's figure. The numbers of visitors are also likely to increase further.
Settrade.com recently launched its own FaceBook page, www.facebook.com/settradeclub, which, to date, has more than 110,000 members. The page wins collaboration with securities companies, asset management companies, the Securities and Exchange Commission, SET and their affiliated companies' websites.
